Gas Prices News
Ukraine and Russia Plan to Keep Gas Flowing as Fighting Rages
Russia and Ukraine intend to keep pipeline gas flowing to Europe even as fighting continues near a key cross-border transit point for the fuel.
1 min read13 Aug 2024Brainard Says US Aims to Keep Gas Prices Steady This Summer
President Joe Biden’s top economic aide said the administration wants to keep gas prices in “current ranges” this summer while sidestepping questions on whether the administration is considering a fresh release from the Strategic Petroleum Reserve.
1 min read18 Apr 2024Mint Explainer: Why the government cut LPG prices by ₹200
The move comes in the backdrop of high inflation and also at a time when the government is gearing up for assembly elections in five states as well as general elections next year
2 min read30 Aug 2023Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria
North African nation’s vast reserves, proximity to Europe make it attractive to the U.S. drillers that have cash to invest
4 min read2 Jun 2023Global gas supply to remain tight in 2023 amid lower Russian pipeline deliveries to Europe
The global gas demand is expected to remain flat in 2023, with a higher demand in Asia Pacific and the Middle East offsetting the expected declines in Europe and North America.
2 min read5 May 2023India’s revised gas pricing formula to aid demand, upstream profit stability: Fitch
India has revised the APM formula for legacy fields allocated to ONGC and OIL on a nomination basis. Prices for the next month will be 10% of the imported Indian crude basket
1 min read12 Apr 2023Nano-urea will help India save ₹15-20k cr, claims govt
India spent $5.1 billion to import 8.1 million tonnes urea in 2022-23 (April-January) against 10.2 million tonnes at $6.5 billion in FY22.
2 min read5 Apr 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared